DES MOINES, Iowa (AP) -- Lottery officials say no jackpot winner was selected in the latest $380 million Powerball drawing.

Powerball ticket (Dan Alexander, Townsquare Media NJ)

The next drawing will be Wednesday after no one matched Saturday's winning numbers.

Sue Dooley is the senior drawing manager for the Multi-State Lottery Association, which oversees Powerball. She says the estimated value of Wednesday's drawing will be $450 million.

The huge jackpot is a return to form for Powerball, which has been known along with Mega Millions for its record-breaking jackpots in recent years. But the Powerball lottery has experienced a slump, with nearly a year passing since its jackpot total climbed above $300 million.

Powerball's last major jackpot was in February 2014, when it climbed to $425 million.

Powerball tickets cost $2 each.

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